Introduction
Technology companies in today's complex economy can significantly expand opportunities through collaboration. This type of partnering gains access to new resources, talent, sources of capital and marketing channels. According to PwC's online survey of global technology industry executives, collaboration is becoming a core competence.
Click through the next six questions to discover how your company compares to our survey respondents in its collaboration efforts.
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Question 1
So we can match you to your revenue peer group, what are your company's annual revenues?
52%
$500 Million or less
14%
$500 Million to
$1 Billion
18%
$1 Billion to
$10 Billion
16%
$10 Billion or more
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Clear
Question 2
On a scale of one to five, how important is collaboration with external partners to your company's success today?
16%
Very Important
1
83%
2
10%
3
14%
4
14%
5
Not Important
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Question 3
On a scale of one to five, how important will collaboration with external partners be to your company's success in three years?
16%
Very Important
1
83%
2
10%
3
14%
4
14%
5
Not Important
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Question 4
With which of the following external groups does your company most actively collaborate, either formally or informally? Select up to two.
83%
Competitors
16%
Complementary non-competitors
83%
Customers
10%
IT vendors
83%
Other prospects (formal or informal)
16%
Regulators
14%
Professional service firms
10%
Governments
16%
Suppliers
14%
Universities
10%
Don't know/Not applicable
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Question 5
Do you agree or disagree with the following statement?
"My company is pursuing more collaborative partnerships with third parties than in the past."
16%
Agree
83%
Neutral
10%
Disagree
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Question 6
Which statement best describes how your company determines the ROI of formal collaborations? Our company...
16%
... does not determine the ROI of our collaborative efforts in any way
83%
...uses only informal measures to assess how successful our formal collaborations have been.
10%
...uses specific metrics to prove that our collaborative efforts have yielded positive overall results.
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Conclusion
To profit from collaboration, companies must apply management discipline to the right strategies. As the leading business advisor to technology companies around the world, PricewaterhouseCoopers can help you develop strategies, processes and controls to maximise the returns on your collaborative efforts.
Contact a PwC professional to find a technology industry leader in your area.
